v3.25.4
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating Activities:    
Net income $ 997 $ 21,089
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 15,647 15,038
Debt amortization/interest 8,010 8,506
Gain on debt retirement 0 (8,178)
Loss on foreign currency transactions 7,233 1,604
Gain on pension settlement (373) 0
Equity-based compensation 765 3,899
Income from unconsolidated affiliates, net of dividends (4,672) 3,997
Changes in operating assets and liabilities, net    
Trade and other receivables (209,205) (305,072)
Inventories and advances to tobacco suppliers (295,477) 73,430
Deferred items 6,712 (4,047)
Recoverable income taxes (7,302) 1,112
Payables and accrued expenses 31,808 2,144
Advances from customers (73,223) (418)
Prepaid expenses 8,314 16,045
Income taxes 4,157 11,458
Other operating assets and liabilities (1,912) (7,712)
Other, net (10,051) (4,583)
Net cash used in operating activities (518,572) (171,688)
Investing Activities:    
Purchases of property, plant, and equipment (15,780) (15,119)
Collections from beneficial interests in securitized trade receivables 152,484 142,824
Other, net 5,508 3,226
Net cash provided by investing activities 142,212 130,931
Financing Activities:    
Net proceeds from short-term borrowings 431,385 114,868
Proceeds from revolving loan facilities 221,000 238,000
Repayment of revolving loan facilities (221,000) (238,000)
Repayment of long-term borrowings 0 (55,822)
Debt issuance costs (4,188) (3,147)
Other, net 299 (275)
Net cash provided by financing activities 427,496 55,624
Effect of exchange rate changes on cash (2,137) (4,955)
Increase in cash, cash equivalents, and restricted cash 48,999 9,912
Cash and cash equivalents at beginning of period 78,254 92,569
Restricted cash at beginning of period 7,290 7,224
Cash, cash equivalents, and restricted cash at end of period 134,543 109,705
Other information:    
Cash paid for income taxes, net 17,470 21,555
Cash paid for interest, net 76,750 81,465
Noncash investing activities:    
Noncash amounts obtained as a beneficial interest in exchange for transferring trade receivables in a securitization transaction $ 139,452 $ 172,103